# 1992-1994 BMW 740iL The E32-generation BMW 740iL represented BMW's flagship luxury sedan, featuring a 4.0-liter V8 producing 282 horsepower and an extended wheelbase for rear passenger comfort. This German executive cruiser competed directly with Mercedes-Benz S-Class models. Reviewers praised its sophisticated driving dynamics, powerful engine, and advanced technology including onboard computers and available electronic damping. The 740iL earned respect for blending sporting character with limousine-like refinement. However, it's infamous for expensive maintenance and complex electronics that haven't aged gracefully. Common issues include failing window regulators, aging wiring harnesses, and troublesome Nikasil engine blocks (early production). **Best suited for:** Enthusiasts seeking classic BMW luxury with mechanical aptitude or deep pockets. Ideal as collector pieces or special-occasion drivers rather than daily transportation, given the 30-year-old technology and maintenance demands.
The E32 740iL requires expensive maintenance: timing chain guides fail ($3,000-5,000), Nikasil engine blocks wear prematurely (requiring replacement), and complex electronics frequently malfunction. Self-leveling suspension and V8 repairs are costly. Insurance is moderate despite luxury status. Parts are expensive and specialists are essential. Reliability is poor; budget significantly for repairs.
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